Credit Card Utilization: 1% vs. 0%
Credit Card Utilization: 1% vs. 0%
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35K views · 81 reactions | Credit Utilization is one of the 5 factors of credit that is easiest to improve via this method or adding new credit to your profile. It can be a major boost to your score and crucial for those to keep an eye on with slim credit. New Inquiries is 10% Payment History is 35% Utilization is 30% Length of Credit ( average age of card accounts) is 15% Types of Credit is 10% #travel #traveltips #credit #personalfinance | Monkey Miles by Zachary Burr Abel | Facebook
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FacebookMonkey Miles by Zachary Burr Abel
Here are five reasons to make sure you pay your credit cards to zero every single week! 1. Never miss a payment 2. Never pay a penny of interest 3. Never carry credit card debt or balances 4. Low risk factor and credit card utilization equals high credit limits and high credit score 5. Using credit cards equals cashback or reward points, which leads to free travel! Joim 700 Credit Class to learn more #cre#credittipse#credithelpe#creditcoache#creditcoache#creditcardse#creditcarde#crediteducatione
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